Tag: South Korea: Ferrous scrap inventory rises on factory downtime and special purchases

Scrap inventory rises on supply disruptions Steelmakers’ operation curtailments signal tightening SteelDaily: The combined ferrous scrap inventory of eight major South Korean steel mills increased by nearly 100,000 tonnes (t) to 727,000 t this week from 631,000 t in the previous one. Domestic steelmakers’ scrap inventory has surged due to increased factory downtime and special…